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Persistent link: https://www.econbiz.de/10005001340
and growth in services' trade. The objective of this paper is to build a simple three sector quantitative model which can … of sectoral trade negligibly affects the results. Hence I conclude that services' productivity growth versus the increase … in services' trade can better explain the value added growth observed in the Indian service sector across the two steady …
Persistent link: https://www.econbiz.de/10005059856
Persistent link: https://www.econbiz.de/10005059859
countries in beneficially engaging in the world economy. Worldwide income growth has largely bypassed many African countries … infrastructure. Analysis of the subsequent years shows that access to infrastructure seems to have been causing even further growth …
Persistent link: https://www.econbiz.de/10005059984
to measure the contributions of factors of production and technology to growth and estimate non-positive error terms that … these countries has narrowed substantially, supporting more rapid growth in China and India relative to Brazil. …
Persistent link: https://www.econbiz.de/10005031874
Persistent link: https://www.econbiz.de/10005033198
developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on …. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and … migration. The essential question is whether, in times to come, these four countries could be the new engines of growth for the …
Persistent link: https://www.econbiz.de/10005033242
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … over 30 years (1980 to 2010). As there is no clear theoretical relationship between trade (exports) and inequality, and as …
Persistent link: https://www.econbiz.de/10011165764
Starting from the celebrated neoclassical (Solow) model of economic growth, this paper discusses new ideas in growth … theory focussing on how to make sustained growth feasible. It first reviews models that broadened the notion of capital to … descriptive level because productivity growth is associated with either human or physical capital accumulation in a way that does …
Persistent link: https://www.econbiz.de/10005776017
The effect of computer technology on Finnish economic growth in 1983-96 is examined to shed light into the famous … productivity paradox. Using the neoclassical growth accounting framework, the contribution of computer hardware, software and labor … to gross and net output growth is assessed at aggregate level. The results suggest that a considerable amount of real …
Persistent link: https://www.econbiz.de/10005776019